Issuer Ranking: U.S. Packaging Companies, Strongest To Weakest Jan 10

  • ID: 2085777
  • January 2010
  • Region: United States
  • Standard & Poors
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  • AEP Industries Inc.
  • Bemis Co. Inc.
  • Crown Holdings Inc.
  • LabelCorp Holdings Inc.
  • Plastipak Holdings Inc.
  • Silgan Holdings Inc.
  • MORE

By and large, the U.S. packaging industry has weathered the recession quite well, and the credit quality of most companies remains stable, albeit relatively low. Many issuers in the segment primarily serve food, beverage, and non-durable consumer products end markets, which experienced less sales volume contraction than durable consumer products and industrial end markets. In addition, most companies conserved cash, limiting discretionary spending. In general, except for glass, the manufacture of most types of packaging is only moderately capital-intensive. Despite industry credit quality being fairly stable, it's quite low on the whole. Most of the rated companies in the packaging industry are in the speculative grade (those we rate 'BB+' or below), and most of those are in the 'B'...

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Research Type: Commentary
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Note: Product cover images may vary from those shown
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- Avery Dennison Corp.
- Bemis Co. Inc.
- Owens-Illinois Inc.
- Crown Holdings Inc.
- Viskase Cos. Inc.
- Sonoco Products Co.
- Silgan Holdings Inc.
- Sealed Air Corp.
- BWAY Corp.
- AEP Industries Inc.
- Graham Packaging Holdings Co.
- Ball Corp.
- Consolidated Container Co. LLC
- Pactiv Corp.
- Solo Cup Co.
- Plastipak Holdings Inc.
- Intertape Polymer Group Inc.
- Pregis Corp.
- Exopack Holding Corp.
- Multi Packaging Solutions Inc.
- Fort Dearborn Co.
- Berry Plastics Corp.
- Tegrant Corp.
- LabelCorp Holdings Inc.

Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown




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